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Monthly Archives: March 2009

Will GE be able to allay investors’ concerns?

By Melly Alazraki of DailyFinance General Electric Co. (GE) is going to host a five-hour "deep dive" conference on Thursday in which it will attempt to convince investors that its ...
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Media Digest 3/19/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the Fed's plans to buy Treasuries is like a program called "Operation Twist" which was part of the agencies effort to help the economy almost fifty years ...
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Asia Markets 3/19/2009

Markets in Asia were narrowly mixed. The Nikkei fell .3% to 7,946. The Hang Seng dropped .7% to 13,026. The Shanghai Composite was up 1.7% to 2,266. Data from Reuters ...
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Oracle Hates The US Dollar (ORCL)

Oracle Corp. (NASDAQ: ORCL) posted better-than- expected earnings after the close of trading.  It is also going to start paying a dividend.  But where this gets interesting is that Oracle ...
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S&P Takes 3M Down A Notch (MMM, GE)

Standard & Poor's has just downgraded conglomerate 3M Company's (NYSE: MMM) corporate credit and senior unsecured ratings to "AA-" from "AA."  It affirmed the "A-1+" short-term credit rating and the ...
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Spint (S) Losing Ground With New Products: Improvements At AT&T (T) And Verizon (VZ)(VOD)

Sales of the new Samsung Instinct are not helping Sprint (S) very much. Of all the handsets the No.3 US cellular carrier sells, the Instinct ranks N0.15 in terns of ...
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FOMC Massively Gooses Gov’t. Balance Sheet

The FOMC has come in with no rate change as we had expected.  When it is already at a near-zero rate policy, there was no other outcome.  The Fed Funds ...
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Bracing For Oracle Earnings (ORCL)

Oracle Corp. (NASDAQ: ORCL) is set to report earnings after the close of trading today.  The enterprise software giant is expected to post non-GAAP earnings of $0.32 EPS and $5.45 ...
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Is Oil Keeping Gold From Hitting $800? (OIL, USO, GLD)

Conventional wisdom has it the the price of gold tracks the price of crude oil. As oil rises, so does gold, and vice-versa.  Probably the simplest explanation for the phenomenon ...
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Unexpected Oil Inventory Rise Takes A Bite (USO, OIL)

Oil may have just gotten some wind taken out of its sails after flirting with $50.00 per barrel late yesterday.  The DOE just released its weekly inventory data showing another ...
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Exelon Fires Another Round (EXC, NRG, RRI)

Exelon Corporation (NYSE: EXC) has filed its preliminary proxy statement for the 2009 annual meeting of NRG Energy, Inc. (NYSE: NRG). NRG still hasn't scheduled the meeting, but Delaware law ...
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Can B of A Really Pay the TARP Back That Fast? (BAC, C)

Bank of America Corp. (NYSE: BAC)  is now claiming it could pay back the TARP monies late in 2009 or in 2010, earlier than expected. In a report from ...
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Goldman Sachs Downgrades Rio Tinto plc (RTP) to Sell

Goldman Sachs downgrades Rio Tinto plc (NYSE: RTP) from Hold to Sell citing problematic debt and forecasted losses in the aluminum division for the next two years.   The firm ...
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Valero Takes the VeraSun Prize (VLO, ADM, VSUNQ)

Valero Energy Corp. (NYSE:VLO) has won the auction for seven ethanol plants formerly owned by VeraSun Energy Corporation (VSUNQ), which is now in Chapter 11 bankruptcy. Valero will pay $477 ...
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Top Analyst Upgrades (AAP, AZO, ED, CRH, DHR, LLY, INTC, LEAP, ORLY, SEIC)

These are te upgrades and positive research calls that we have seen from Wall Street this Wednesday morning: Advance Auto Parts (AAP) Started as Outperform at Baird. AutoZone (AZO) Started ...
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